IT Brief New Zealand - Technology news for CIOs & IT decision-makers
New Zealand

Financial institutions Stories - Page 4

Global Stories

Financial institutions stories

MDOTM raises USD $27 million to expand AI platform
Software-as-a-Service

MDOTM raises USD $27 million to expand AI platform

The funding will help MDOTM hire and expand overseas as demand grows for AI tools that cut manual portfolio work at financial firms.

By Karen Joy Bacudo • 4 min read • Last month
Visa strengthens AI defences amid new era of cyber threats
Data Protection

Visa strengthens AI defences amid new era of cyber threats

Visa is pouring billions into AI defences as regulators demand safer, auditable systems to counter faster cyber threats and fraud.

By David Shilovsky • 6 min read • Last month
Trading Technologies adds market replay surveillance
Risk & Compliance

Trading Technologies adds market replay surveillance

Exchanges and regulators get a 90-day playback of order books, as Trading Technologies expands its surveillance tools across asset classes.

By Karen Joy Bacudo • 3 min read • Tue, 30th Jun 2026
Prove & Baselayer team up on business verification
Fintech

Prove & Baselayer team up on business verification

Banks and fintechs could cut onboarding delays as a single workflow now joins customer identity checks with real-time business verification.

By Joseph Gabriel Lagonsin • 4 min read • Tue, 30th Jun 2026
Global Signal Exchange hailed as fraud sharing model
Data Protection

Global Signal Exchange hailed as fraud sharing model

A new study says cross-border intelligence sharing is vital as fraud losses climb to USD $579.4 billion, yet most tools stay domestic.

By Mark Tarre • 4 min read • Mon, 29th Jun 2026
Smarsh and AWS expand AI compliance tools for banks
Cloud Security

Smarsh and AWS expand AI compliance tools for banks

Banks could cut compliance review workloads by 77% as Smarsh rolls out AWS-backed AI tools that regulators can still audit.

By Karen Joy Bacudo • 4 min read • Mon, 29th Jun 2026
Candescent names Jason Edelboim as Chief Executive Officer
Software-as-a-Service

Candescent names Jason Edelboim as Chief Executive Officer

The banking software group is betting on AI-led growth as it seeks to expand its reach across more than 1,300 institutions.

By Joseph Gabriel Lagonsin • 4 min read • Thu, 25th Jun 2026
Backbase buys Kasisto to bolster banking AI platform
Software-as-a-Service

Backbase buys Kasisto to bolster banking AI platform

Banks could gain a single AI system for customer requests, as Backbase folds Kasisto's tools into its software and boosts its US reach.

By Karen Joy Bacudo • 3 min read • Thu, 25th Jun 2026

Stories from Other Regions

Financial institutions stories

Australia warns of scam surge during Prime Day sales
Phishing

Australia warns of scam surge during Prime Day sales

Scammers are exploiting Prime Day shopping sprees as Australia's new rules aim to stop fraudulent texts, emails and instant payments.

By Sofiah Nichole Salivio • 7 min read • Last month
MANTL tops USD $40 billion in deposits, saves 1M hours
Software-as-a-Service

MANTL tops USD $40 billion in deposits, saves 1M hours

Banks and credit unions are using MANTL to speed up onboarding as deposits grow and branch staff save more than 1 million hours.

By Karen Joy Bacudo • 4 min read • Last month
YEO Messaging taps ReconIQ to enter US banking market
Data Protection

YEO Messaging taps ReconIQ to enter US banking market

Banks could use continuous identity checks to curb rising takeover fraud, as the tie-up opens YEO Messaging to US financial institutions.

By Karen Joy Bacudo • 3 min read • Last month
Banking Circle appoints Cracknell as Chief Executive Officer
Fintech

Banking Circle appoints Cracknell as Chief Executive Officer

The planned handover aims to keep Australian clients steady as Banking Circle's local unit shifts to an internal Chief Executive Officer.

By Mark Tarre • 4 min read • Last month
Shield adds AI agents to AmplifAI compliance suite
Surveillance

Shield adds AI agents to AmplifAI compliance suite

False positives and language gaps in surveillance are now a bigger burden for financial compliance teams as alert volumes keep rising.

By Mark Tarre • 3 min read • Wed, 1st Jul 2026
Gresham names Spiros Giannaros as Chief Executive Officer
Software-as-a-Service

Gresham names Spiros Giannaros as Chief Executive Officer

The appointment brings continuity as Gresham integrates its recent acquisition and reshapes leadership around financial services data management.

By Sofiah Nichole Salivio • 4 min read • Wed, 1st Jul 2026
Modern Treasury teams with Sardine on fraud monitoring
Data Analytics

Modern Treasury teams with Sardine on fraud monitoring

Customers using instant and cross-border payments will gain real-time fraud checks as the firms seek to curb risk across faster money flows.

By Karen Joy Bacudo • 3 min read • Sat, 27th Jun 2026
Landmark's Alkami partnership lifts business banking
Digital Transformation

Landmark's Alkami partnership lifts business banking

Landmark Credit Union has turned a digital overhaul into growth, lifting business profiles above 7,800 and adding USD $150,000 in fee income.

By Karen Joy Bacudo • 4 min read • Fri, 26th Jun 2026
Vertali appoints James Loftus as Technical Delivery Manager
Data Protection

Vertali appoints James Loftus as Technical Delivery Manager

Growing demand for secure mainframe support has prompted Vertali to strengthen its leadership team with a veteran security specialist.

By Mark Tarre • 3 min read • Wed, 24th Jun 2026
BKN301 launches AI-native bank orchestrator for banks
Data Protection

BKN301 launches AI-native bank orchestrator for banks

Banks face mounting pressure to keep AI, customer data and audit trails inside their own systems as regulatory scrutiny tightens.

By Karen Joy Bacudo • 4 min read • Wed, 24th Jun 2026